Hi bamps just read gfrd rns and it says net debt is £186 million is that for all companies or just the construction side because in another collum it £56 million debt bit vague! Be good to hear what you read into it cheers in advance
Hello bamps I have been pondering this as far as I can work out is the £300 million to Galliford will go on paying the debts which of the top of my head is down to about £170 million roughly so that would leave £130 in cash. So long term holders would be out of pocket depending on what they paid obviously so I can’t see this being an improvement on the £9 offer they previously done ! Not sure advise is always helpful and look forward to hearing yours bol
Hi bamps yesterday’s trading did seem strange obviously at the end some people were in the know and cashed in early doors ,it seems like there could be a better offer depends on trading statement tomorrow might wait and see! What about you? Bol
Hi bamps prices like this are going to be hard to find soon once people start looking at this with open eyes realising the business is running at a 18 - 20+% profit margin on a big scale then things will change. Not many industries can boast that. So I will sit back take divi and enjoy the ride good luck and enjoy
Good morning all I hope this all pans out well for all concerned personally I think there is to much panic. If we remain in there will be a rise if we leave with a no deal they will have to make it work buy chucking money into the construction because if people start losing there houses there will be proper anarchy Just my opinion gla
If you have spare cash so many shares out there at bargain levels in all sectors bp, glen, all of the house builders energy companies etc good time to make a balanced portfolio and not forgetting banks gla
Hi troubles just another thought it’s also about timing and knowing your worth as I said on an earlier post about money we are pretty much happy enough but over the next two years will be looking for about 5% pay rise depending obviously how brexit goes. But this is the time for the NHS union to show its worth it is allowing a great institution to be destroyed and we need the nhs more than ever! Now politicians on the other hand I think if they were in the private sector there would be a massive cull they only seem to have there own interests at heart but hey they will carry on getting away with it because they are to protected Bol of to enjoy a weekend away
Hi bamps am I right was you a site agent if so did you have lots of administrative duties are was you a on site chap. Because now the agents seem to have to spend more time filling out forms and emails than being on site! Hi troubles my dad was on a union job in sixties in London on them London whites they vary in size, you had to plumb every perp cut brick if need be but you were only allowed to lay max six bricks an hour. Would make house prices rise a bit. But I do agree a good union is a good thing my misses is in a crap one she works for the nhs and there union does nothing for them. The nurses and staff at the hospital even have to pay for there own parking where was the union on that but hey ho she seems happy enough gla today we will need it
Hi owls no I am not in a union I do believe there is one but don’t hear much about it. At the moment I think most people are quite happy with what they are earning so no problems there most are not greedy , I think if the rates went up about 5% over next two years we would all be happy with that . Anyway the % of cost labour and materials I would guess is less than the land value. But the thing which did scare me is how much they are having to give the councils for the infrastructure considering they will be getting council tax of every new household getting a bit greedy our councils! If you also look at the business as a business 18-22% profit year in and year out this should be valued at about £3+ a share gla
Good morning owls couldn’t get back to you last night playing snooker. Labour prices haven’t gone up in a year and half now even then I am a bricklayer as some people know and we get £10000 -£110000 to build a £400,000 detached house or two semis roughly. If I remember in the last tw report they said they were buying land at favourable prices so why the two percent difference. That is what should be looked at . Also 18% profit margin is still good in business do you not think?
This drop is stupid this price is stupid what do shareholders want? The business is thriving its got massive upside when brexit is sorted and customers coming out of there ears and the sp falls that much hey maybe they can see something I can’t see gla
Very confused with this share strange behaviour,do wonder if there is something hidden we don’t know.Anyway best wait for production update and make decision then gla